Yup. At the end of the day, this isn’t complicated. The man directed assets (whatever you label them) that were clearly meant for the use of the owner only into SBFs investment vehicle for his use (Alameda).

He stole coins, period.

Yes, thank you! So many comments are like "it's a crypto investment, you shouldn't expect safety" when they weren't investments but holdings. As if this was just market forces at play. They have no idea about happened here.